1answer.
Ask question
Login Signup
Ask question
All categories
  • English
  • Mathematics
  • Social Studies
  • Business
  • History
  • Health
  • Geography
  • Biology
  • Physics
  • Chemistry
  • Computers and Technology
  • Arts
  • World Languages
  • Spanish
  • French
  • German
  • Advanced Placement (AP)
  • SAT
  • Medicine
  • Law
  • Engineering
Oksanka [162]
3 years ago
13

What effect will firms entering have on the market​ price? When firms enter ​, A. the marginal cost of production will decrease

​, decreasing price. B. market supply will increase ​, decreasing price. C. market demand will decrease ​, decreasing price. D. the average total cost of production will decrease ​, decreasing price. E. market supply will decrease ​, decreasing price.
Business
1 answer:
Vitek1552 [10]3 years ago
3 0

Answer:

b

Explanation:

when firms enter into an industry, there are more firms competing for customers. This would shift the demand curve to the right as supply increases. An increase in supply would lead to a reduction in price.

If firms leave the industry, there would be a reduction in supply and price would increase

You might be interested in
Determinant Company is a price − taker and uses a target − pricing approach. Refer to the following information: Production volu
Drupady [299]

Answer:

$18,315,000

Explanation:

Total Income :

= 15% of Total assets

= $13,900,000 × 15%

= $2,085,000

Total Sales :

= Market price × Production volume

= $34 × 600,000

= $20,400,000

So, Target full product cost in total for the year :

=  Total Sales - Total Income

= $20,400,000 - $2,085,000

= $18,315,000

3 0
3 years ago
Devon owns a real estate company. He is aware of a decline in the housing market and realizes the need to encourage the realtors
Gnesinka [82]

Answer:

Involvement Culture

Explanation:

According to my research on studies conducted by various psychologists, I can say that based on the information provided within the question Devon is using the Involvement Culture. This is a culture that emphasizes the action of something that takes a lot of time, understanding and effort. This is one of the biggest challenges that some leaders can face.

I hope this answered your question. If you have any more questions feel free to ask away at Brainly.

8 0
3 years ago
When should you write a functional (skills) résumé?
stich3 [128]
B. when you are making a career change
6 0
3 years ago
Read 2 more answers
Presented below is information related to Lexington Real Estate Agency.
Ber [7]

Answer:

Oct 1

DR Cash............................................................................$20,000

CR Common Stock.........................................................................$20,000

Oct 2. No entry required

Oct 3

DR Office Furniture .....................................................$2,300

CR Accounts Payable................................................................$2,300

Oct 6

DR Accounts Receivable.............................................$3,600

CR Service Revenue - Realty services...................................$3,600

Oct 27

DR Accounts Payable ..................................................$850

CR Cash .......................................................................................$850

Oct 30

DR Salaries Expense ....................................................$2,500

CR Cash ..........................................................................................$2,500

3 0
3 years ago
Which is the biggest company in Germany?
Fynjy0 [20]
Royal Dutch Shell
Shell
7 0
3 years ago
Other questions:
  • Bryn, Cornell, and Duke are general partners in Equity Lending, a consumer credit, mortgage, and investment firm. Their agreemen
    8·1 answer
  • Access to lifesaving medicine is very limited in parts of Africa; as a result, over 10% of children do not reach the age of five
    7·1 answer
  • The ____________ position has more room than the ____________ position, so larger substituents are more stable in the equatorial
    11·1 answer
  • A statement of cash flows explains the differences between the beginning and ending balances of: Multiple Choice Net income. Equ
    11·2 answers
  • Fore Farms reported a pretax operating loss of $120 million for financial reporting purposes in 2021. Contributing to the loss w
    12·1 answer
  • PB6.
    14·1 answer
  • Ann and Bob form Robin Corporation. Ann transfers property worth $420,000 (basis of $150,000) for 70 shares in Robin Corporation
    10·1 answer
  • The following data were taken from the accounting records of the Mixing Department of Kappa Corporation which uses the weighted-
    10·1 answer
  • All of the following are true statements EXCEPT:
    13·1 answer
  • Sally has invested $10,000 now and wants to earn a real interest rate of 10% per year. Assume that the inflation rate is 7% per
    15·1 answer
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!